. >> mitt romney giving a speech at the university of chicago where that kind of sentiment goes over very well on march 19th. a very, very different note he was striking than the kind of very warm words that he had for regulation in the abstract of the debate the other night. we have congressman maxine waters on the line and we're talking about this point that mitt romney had maide basically saying it is the delay in promulgating the rules of an acceptable standard mortgage that is the cause of the fact that it's hard to get a mortgage. joe, you seem to be skeptical. >> absolutely wrong. the basic thing is we all knew the direction in which these new regulations would go. those directions are we don't want the toxic mortgages that we had. we don't want the liar loans. those were the things that got us into trouble that required a government bailout. sure there's going to be some fine tuning, but the banks went back to responsible lending where they give a loan, they keep skin in the game. we all know that's the direction we want to go. that's the direction the banks should want to go